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Shenzhen offers cash prizes, access to venture capital, for smart entrepreneurs

February 13, 2017

SHENZHEN – The launch of Shenzhen’s first Innovation and Entrepreneurship International Competition is being seen as a bold move by Shenzhen authorities to attract more leading edge ideas and high-tech skills to a city that is already at the heart of China’s global success in new fields of technology.

Interest rates to rise in China as PBOC lifts interbank rate

February 6, 2017

SINGAPORE - The decision last week by China to edge up the interbank rate by 10 basis points to 2.35% is a “very clear signal” by the Chinese central bank that it will introduce short-term rates as benchmarks for bank lending rates, according to Iris Pang, senior economist at Natixis. She told ATI that Chinese banks previously have used deposit and lending rates as their benchmark.

Real growth rate to frustrate investors in 2017 - Nikko

February 7, 2017

TOKYO – A briefing note from Nikko Asset Management says the cumulative positioning of investors in companies and asset classes that are deemed safe in a “lower for longer” environment is undergoing a significant test at present. “The scale and duration of changes to date suggest that more capitulation is likely if the policy measures being promised by President Trump are enacted,” it says.

Chinese court recognises Singapore judgment based on principle of reciprocity

February 1, 2017

BEIJING – In what is seen as a “first” in China, the Nanjing Intermediate People’s Court has handed down a decision recognising and enforcing a civil judgment made by the Singapore High Court, based on the principle of reciprocity. The landmark development is the first time a Chinese court has recognised and enforced a Singapore commercial judgment, according to lawyers Baker & McKenzie.